Business Services Industry
$91m in loans closed
Real Estate Weekly, Nov 5, 2003
Arbor Commercial Mortgage, LLC ("Arbor") announced the recent funding of seven loans totaling $79,480,000 under its Fannie Man DUS product line and I structured loan totaling $11,520,000 to refinance eight multifamily complexes in the Baltimore, MD area.
Five loans have a 10-year term and amortize on a 30-year schedule. Two loans have 5-year terms and amortize on a 30-year schedule. The structured loan has a 24-month term.
The loan was originated and underwritten in Arbor's full-service Uniondale lending office. Dan Palmier, Executive Vice President, managed the, transaction for Arbor.
COPYRIGHT 2003 Hagedorn Publication
COPYRIGHT 2008 Gale, Cengage Learning
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